The number of new hires in Idaho exceeded pre-recession rates in July for the first time since the economic downturn, the Idaho Department of Labor reports, with Idaho employers hiring 23,400 workers during the month. The monthly report based on employer filings of newly hired workers within 20 days of their hiring showed July’s total exceeded July 2007 by 500. The figures cover people hired to fill new jobs, along with those hired to fill existing jobs that open because a worker retired, died, quit or was fired. Click below for the full announcement from the Department of Labor.
Idaho Department of Labor
For Immediate Release: Aug. 1, 2013
Idaho New Hires Exceed Prerecession Level for First Time
Idaho employers reported hiring 23,400 workers in July, exceeding prerecession hires for the first time since the downturn.
The monthly report based on employer filings of newly hired workers within 20 days of their hiring showed July’s total exceeded July 2007 by 500.
The report features the number of people hired to fill new jobs as well as existing jobs that are filled because workers retired, died, quit or were fired.
Job estimates for the Idaho economy and details on which industries expanded and contracted will be issued later this month when the July unemployment rate is released.
Idaho’s new hire reporting law was passed in 1997 to help the government find parents delinquent in paying child support, More recently, the report is being used to provide insight into the health of the state’s economy.
During the height of the economic expansion in 2006, new hires averaged over 30,000 a month in Idaho. During the worst of the downturn in 2010, they averaged under 14,000 a month.
From October 2008 through May 2012, new hires averaged 14,500 a month, dropping below 10,000 in February 2010 and February 2011.